DID you know that you can LOOP syrupUSDC by @maplefinance on @KaminoFinance for EVEN more yields? Currently: - syrupUSDC, borrow USDC â 31.31% max APY, multiplier 8.3Ă, supplied $39.3m, liquidity $4.66m - syrupUSDC, borrow USDG â 25.63% max APY, multiplier 8.3Ă, supplied $5.14m, liquidity $689k - syrupUSDC, borrow USDS â 24.38% max APY, multiplier 8.3Ă, supplied $2.79m, liquidity $390k How Kamino loops work? - You deposit syrupUSDC once - Kamino auto-borrows stables (USDC, USDG, or USDS) against your deposit - It re-deposits the borrowed funds into syrupUSDC lending - This cycle repeats recursively until the target leverage (8.3Ă) is reached - Net APY = base syrupUSDC yield minus borrow cost, multiplied by the leverage factor - Thatâs why you see 24â31% net APY already calculated on the vaults, you donât need to run the math manually Vaults are capped BUT still some availability so mucho rush if you don't want to miss out... disclaimer: linn holds a lot of $SYRUP as linn thinks it...
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